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Corporate News

Carpediem Capital leads INR 150 Crores investment round via equity shares and warrants
31-Jul-2026, 06:31
The company announced the appointment of Hithendra Karadathodi Ramachandran and Sathya Pramod Nagaraj as Additional Directors, both serving until the next Annual General Meeting for fiscal year 2026. Simultaneously, the company approved a preferential allotment of equity shares and warrants to 14 investors, totaling approximately INR 150 Crores, comprised of INR 22.50 Crores in equity shares and INR 127.50 Crores in warrants. The allotment, priced at INR 143.28 per share and warrant respectively, will see Carpediem Capital Partners Fund II as the largest investor, and is subject to shareholder approval. The warrants are convertible into equity shares within 18 months, and the shareholding pattern will be disclosed post-allotment.